Clean Max Sells Wholly Owned Subsidiary, Clean Max Ahhope Pvt Ltd, for ₹35,000
Clean Max Enviro Energy Solutions Limited will sell its wholly owned subsidiary, Clean Max Ahhope Private Limited, to Hindustan Coca-Cola Beverages Private Limited for ₹35,000. The sale agreement is expected by 15 May 2026, with completion by the same date. The subsidiary was recently incorporated and has no prior financial contribution.
The subsidiary is newly incorporated and has not contributed to revenue or net worth, thus the disposal is unlikely to have a significant impact on the company's overall financial performance.
The sale of a subsidiary is a corporate action with no immediate positive or negative financial impact disclosed in the announcement. The consideration is relatively small, and the subsidiary is newly incorporated.
Clean Max Enviro Energy Solutions Limited has announced the approval by its Board of Directors for the sale of shares of its wholly owned subsidiary, Clean Max Ahhope Private Limited, to Hindustan Coca-Cola Beverages Private Limited. The transaction was approved on 3 April 2026. The subsidiary, Clean Max Ahhope Private Limited, was incorporated on 15 October 2025 and has not yet contributed to the company's turnover, revenue, income, or net worth. The Share Purchase Agreement is expected to be entered into on or before 15 May 2026, with the sale completion also anticipated by the same date, unless mutually agreed otherwise by the parties. The consideration for the sale is ₹35,000. The buyer, Hindustan Coca-Cola Beverages Private Limited, is not a promoter, promoter group, or group company of Clean Max Enviro Energy Solutions Limited. This transaction does not fall under related party transactions and is not part of a scheme of arrangement.
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Clean Max Enviro Energy Solutions Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Clean Max Enviro Energy Solutions Limited. Read the original for the full detail.